In a chromatic dispersion compensator, an optical signal directing unit such as an optical circulator or a directional coupler having a first, second, third and fourth ports. The optical signal directing unit directs an optical signal inputted from one of the ports to another port of the ports. A reflection-type compensator including a dispersion compensating fiber, a reflecting portion and changing unit for changing a polarization direction of a reciprocating signal light, in which the dispersion compensating fiber is connected to the reflecting portion via the changing unit. An input transmission path which is connected to the first port; and an output transmission path which is connected to the fourth port so that the signal light is outputted from the fourth port. The reflection-type compensating unit is connected to one of the second and third ports, and the chirped grating is connected to the other port.